In the Russian Federation — an aggressor state — citizens will no longer be able to directly buy or sell cryptocurrency to one another starting July 1, 2027. Such transactions between individuals will be excluded from the list of legal ones, according to clarifications from the Central Bank of Russia.

As The Moscow Times reports, cryptocurrency purchases and sales will take place only through institutions regulated by the Russian central bank. These include exchanges, brokers, asset management companies and digital depositories.

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Limits for retail investors

The law,…